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27 June 2024 | 9 replies
Give them the required notice to enter their unit for a physical inspection of the property and go in.
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26 June 2024 | 4 replies
You can also try and incorporate a seller concession of up to 3% (with 3.5% down) which can help cover closing costs and reduce the cash needed to close.
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26 June 2024 | 18 replies
It would be unfortunate if the Wyoming LLC is the deed holder if the property is located in PA as I suspect you are likely getting hit with recurring registered agent fees (I don’t have direct experience working with LLC’s in Wyoming because there are absolutely no added protections incorporating in Wyoming but that’s my hunch).
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26 June 2024 | 8 replies
Depending on where you incorporate your name will still be recorded on the public record with the Secretary of State.
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27 June 2024 | 14 replies
Until you work out the bugs in your sysyems and procedures.Or, if you invest farther away, do a personal, physical (not Zoom) walkthrough of the property before you sign off on it.Surprises and out of state investments, don't make good bed fellows.
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28 June 2024 | 100 replies
So check your operating agreement and consult with an attorney knowledgeable with Delaware law (or whatever state it's incorporated in).
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25 June 2024 | 5 replies
You also owe transfer taxes which vary by state and county.I am not a CPA I am not an attorney this is not tax advice.Thanks for your reply Caroline.I'm not asking because I think it will protect anonymity -- we're not incorporating in WY or DW.
25 June 2024 | 4 replies
A key component to cash flow will be loan terms..you could consider trying to incorporate a seller concession towards an interest rate buy down or costs to help improve cash on cash returns.
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25 June 2024 | 2 replies
I was offered a partnership for a physical fitness class.
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27 June 2024 | 28 replies
Then what is the bootcamp for $997-$1497 and can this bootcamp be completed without physically having to fly to a different state?